Enforcing contracts: Cost in Austria

Austria: Enforcing contracts: Cost was 20.6% in 2019. ▲ Rising

Latest (2019)
20.6%
Change on year
unchanged
World rank
147th
of 188 countries
All-time high
20.6%
in 2014
All-time low
15.1%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Austria, 2003–2019

051015202003201120192003: 15.1 % of claim2004: 15.1 % of claim2005: 15.1 % of claim2006: 15.1 % of claim2007: 15.1 % of claim2008: 20.4 % of claim2009: 20.4 % of claim2010: 20.4 % of claim2011: 20.4 % of claim2012: 20.4 % of claim2013: 20.4 % of claim2014: 20.6 % of claim2015: 20.6 % of claim2016: 20.6 % of claim2017: 20.6 % of claim2018: 20.6 % of claim2019: 20.6 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Austria stood at 20.6%. That is the highest value across all 17 years on record.

The figure is up 1.0% over ten years.

Over the whole period, enforcing contracts: cost in Austria peaked at 20.6% in 2014 and was at its lowest, 15.1%, in 2003.

Austria ranks 147th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.6% 15.1% 20.4% 7
2010s 20.5% 20.4% 20.6% 10

Countries ranked near Austria

  1. 144 Malta 21.5% compare
  2. 145 Somalia 21.4% compare
  3. 146 United Arab Emirates 21.0% compare
  4. 148 Pakistan 20.5% compare
  5. 148 Slovakia 20.5% compare
  6. 148 Uzbekistan 20.5% compare

See the full ranking of 190 places →

More reference data data for Austria

All data for Austria →

Frequently asked questions

What is enforcing contracts: cost in Austria?
Enforcing contracts: cost in Austria was 20.6% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Austria?
The highest recorded value was 20.6% in 2014.
What is the lowest enforcing contracts: cost recorded in Austria?
The lowest recorded value was 15.1% in 2003.
How does Austria rank for enforcing contracts: cost?
Austria ranks 147th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Austria?
Over the last ten years it is up 1.0%. The long-run trend across the full record is rising.
Where does this Austria data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts: Cost (% of claim)
Unit
% of claim
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The cost to enforce contracts is recorded as a percentage of the claim value, assumed to be equivalent to 200% of income per capita or $5,000, whichever is greater. Three types of costs are recorded: average attorney fees, court costs and enforcement costs. Bribes are not taken into account.